Short answer: Yes. But most people are unaware that these checks are funded by taxpayers, and unfortunately, will be issued to taxpayers and non-taxpayers alike. In fact, an individual does not even need a Social Security number to receive a check under Obama's plan (?????). The Economic Recovery and Reinvestment Act of 2009 aka "The Stimulus Bill" needs a combination of measures geared towards recovery in both the short term, AND the long term. So while a "rebate" check would help for a week or two, it would be more of a stimulus to eliminate the federal income tax altogether.
Obamas version of this legislation is really more or less a spending bill that guarantees long term debt as opposed to long term recovery. It is Robin Hood Economics at its worst. And it will all but decimate the middle class.
Checks
The American Recovery and Reinvestment Act of 2009 provided for a one-time payment of $250 to individuals who receive Social Security or Supplemental Security Income benefits. Most of the payments were delivered by late May 2009. There is no economic stimulus check for 2010.
yes they are working on that right now with the stimlus package that President Obama will impliment yes they are working on that right now with the stimlus package that President Obama will impliment
American Recovery and Reinvestment Plan.
A combo of a political, tax, economic and social question....your guess is as good as anyones. None is planned.Considering this rebate seems to have worked very poorly, was problem ridden and hard to administer...and may have actually generated a good deal of ill-will toward the politicians....it would seem unlikely. It is not even discussed as a prtion of any of the next recvery plans...making it even more unlikely. [Update] There may not be more stimulus checks, but there will be more tax credits. In Obama's 2010 budget (which looks forward to the next ten years) there are plans to extend to 2013, the "Making Work Pay" $400/$800 tax cut for workers, originally enacted as part of the economic stimulus plan. It also seeks to make permanent the expansion of the child tax credit and the newly enlarged college credit now called the American Opportunity Tax Credit ------------------------------------------------------ A bit more details found here: (Link moved to proper location).
Checks
114,000 families in Michigan are set to receive rebate checks
The American Recovery and Reinvestment Act of 2009 provided for a one-time payment of $250 to individuals who receive Social Security or Supplemental Security Income benefits. Most of the payments were delivered by late May 2009. There is no economic stimulus check for 2010.
yes they are working on that right now with the stimlus package that President Obama will impliment yes they are working on that right now with the stimlus package that President Obama will impliment
The stimulus bill.
no it dosen't sorry
The Stimulus bill is an idea that president Barack Obama thought of for giving businessess extra money for more elaborate information go to CNN.com
Yes
i dunnobarrack obama man
American Recovery and Reinvestment Plan.
The Stimulus bill is an idea that president Barack Obama thought of for giving businessess extra money for more elaborate information go to CNN.com
There is no information indicating that former President Barack Obama is giving a $200 stimulus specifically for back-to-school purposes. It is important to be cautious of any rumors or false information before believing or spreading it.